Payments & Payouts

How you get paid, fee breakdowns, and everything about Stripe Connect.

How Stripe Connect Works

SchoolHouseStock uses Stripe Connect to handle all payments. When you sign up as a seller, you connect your own Stripe account. This means money flows directly from buyers to you — we never hold your funds or act as a middleman bank.

Here's the flow for every sale:

1. Buyer pays via credit card (Stripe processes the payment)
2. Stripe automatically deducts fees (platform fee + processing fee)
3. The remainder is deposited into your connected bank account

You can connect Stripe from Dashboard → Settings or during the onboarding wizard. The setup takes about 5 minutes and requires basic identity verification.

Fee Breakdown

There are two fees on every transaction:

Example on a $10 sale:

• Platform fee: $1.00
• Stripe fee: $0.59
• You receive: $8.41 (about 84% of the sale price)

There are no monthly fees, no listing fees, and no subscription charges for sellers. You only pay when you make money.

How Payouts Work

Payouts happen automatically via Stripe. By default, Stripe batches your earnings and sends them to your bank account on a daily rolling basis. Most sellers see funds in their bank account within 2-3 business days of a sale.

You can configure your payout schedule in your Stripe dashboard — daily, weekly, or monthly. Some sellers prefer weekly payouts so they get one larger deposit instead of many small ones.

Your Stripe Dashboard

In addition to the analytics in your SchoolHouseStock dashboard, you have full access to Stripe's dashboard at dashboard.stripe.com. There you can:

• View detailed transaction history
• Download tax documents (1099 forms for US sellers)
• Adjust payout schedules and bank accounts
• See payment disputes and chargebacks
• Export data for your accountant

Sales Tax

SchoolHouseStock uses Stripe Tax to automatically calculate and collect sales tax where required. This means you don't need to worry about figuring out tax rates or filing in different states. The tax is added to the buyer's total at checkout and remitted by us.

Sales tax applies to digital goods in many US states. The rate varies by the buyer's location. You'll see the tax breakdown in your transaction history, but it's handled entirely by our platform.

How Refunds Work

Buyers can request a refund within 30 days of purchase. Here's the process:

• The buyer contacts us through the order page or email
• We review the request (most are approved automatically for digital products)
• If approved, the full purchase price is refunded to the buyer
• The platform fee and Stripe processing fee may be returned to you depending on the circumstances

Refund rates on educational marketplaces are typically very low (under 2%). The most common reason is accidental duplicate purchases. If you provide accurate descriptions and preview images, refunds are rare.